Wharton Business Group LLC Acquires 57,600 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Wharton Business Group LLC grew its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 3.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,559,400 shares of the company’s stock after acquiring an additional 57,600 shares during the period. iShares U.S. Infrastructure ETF comprises approximately 3.3% of Wharton Business Group LLC’s portfolio, making the stock its 9th largest position. Wharton Business Group LLC owned 2.84% of iShares U.S. Infrastructure ETF worth $72,185,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new stake in iShares U.S. Infrastructure ETF during the 3rd quarter worth about $27,000. Continuum Advisory LLC raised its position in shares of iShares U.S. Infrastructure ETF by 41.8% during the 3rd quarter. Continuum Advisory LLC now owns 1,221 shares of the company’s stock worth $60,000 after acquiring an additional 360 shares in the last quarter. Financial Advocates Investment Management purchased a new stake in iShares U.S. Infrastructure ETF during the third quarter worth approximately $102,000. Golden State Wealth Management LLC acquired a new position in iShares U.S. Infrastructure ETF in the fourth quarter valued at approximately $105,000. Finally, Cedar Wealth Management LLC boosted its holdings in iShares U.S. Infrastructure ETF by 8.3% in the third quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock valued at $122,000 after purchasing an additional 200 shares in the last quarter.

iShares U.S. Infrastructure ETF Trading Down 0.1 %

IFRA stock opened at $46.74 on Monday. The firm has a market capitalization of $2.57 billion, a PE ratio of 16.71 and a beta of 0.89. The business’s fifty day moving average is $47.17 and its 200 day moving average is $47.25.

iShares U.S. Infrastructure ETF Company Profile

The iShares U.S. Infrastructure ETF (IFRA) is an exchange-traded fund that is based on the NYSE FactSet U.S. Infrastructure index. The fund tracks an index of US-listed infrastructure companies that derive a significant portion of their revenue from within the US. IFRA was launched on Apr 3, 2018 and is managed by BlackRock.